27 of Eagle Hospitality Entities File for Bankruptcy Protection

News about Eagle Hospitality Trust

Eagle Hospitality Trust is putting 27 of its entities under the protection of Chapter 11 bankruptcy in the US:

DBS Trustee, as trustee of Eagle Hospitality Real Estate Investment Trust (EH-Reit), said the aim is to start a process to sell some hotels but this does not preclude the continued exploration of other restructuring options.

Eagle Hospitality Trust
Price0.137 USD
NAV0.171 USD
Yield (4 quarters)8.61%
Gearing65.5%